104 Victoria Street
Bunbury WA 6230
All Offers Presented
New Price - Its Time To Sell.
Large, central, commercial properties, located in the middle of the Bunbury CBD and with frontage to Victoria Street, very rarely become available to purchase. This property is one of a kind and offers multiple opportunities for an astute buyer and investor.Whether you buy and use the property purely as an Investment or buy and use one or more of the vacant tenacles for your own business, the opportunities are endless with this property and the upside is that with a bit of work the other tenancies that are vacant could be leased making this a really strong investment property.
The total building size is approximately 664m2, with 484m2 of NLA and 180m2 of common area.
The buildings sit on 440m2 of prime real estate, in arguably one of the best CBD locations, the corner of Victoria Street and Prinsep Streets. The corner location gives the property plenty of exposure to the large traffic flow in the city center.
Currently there are 4 leases in place and lots of opportunities for a buyer to capitalize on the current strong commercial leasing market.
GROUND FLOOR
Tenancy 1, NLA - 39m2 - Hair Dresser
Tenancy 2, NLA - 49m2 - Massage
Tenancy 3, NLA - 54m2 - Herbs/Health foods
Tenancy 4 & 5, NLA 175m2 - Vacant Retail Shop facing Victoria Street
LEVEL ONE
Tenancy - 7, NLA 32m2 - Nail salon
HERE IS THE OPPORTUNITY - Also on level one there are seven vacant tenancies/offices with a NLA of 112m2, that could become extra income once leased.
With the current shortage of good office space in the CBD, there is plenty of upside with this property, and an astute buyer could renovate the upstairs offices and attract more cliental and get a strong ROI on this property.
For a full IM on this property please email Mick Caddy.
Buyers Note: All measurements/dollar amounts are approximate only. Boundaries marked on images are a guideline & are for visual purposes only. Buyers should complete their own due diligence, including checking with local authorities regarding the property use & zoning. Buyers should also do a visual inspection of the property before entering into an offer/contract & should not rely on the photos or text in this advertising in making a purchasing decision.
Features
General Features
- Land Area: 440sqm
- Commercial Type: Retail
- Building Area: 664sqm
Can I afford 104 Victoria Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Enquire about 104 Victoria Street, Bunbury, WA, 6230